Real estate & Rental Vacancy rates
I am doing some due diligence on various properties in and around Kansas city. Part of the research is to use sites like neighborhood scout to give me a better understanding of the area. In doing this, I keep running into vary high "Real Estate vacancies" (12% all the way up to 23%). My question is if Real estate vacancy directly correlates with rental vacancy or is there something else going to make this number what it is?